Overview

You will learn to use basic statistical techniques and apply them to problems across a range of areas in business. A particular focus is equipping you to effectively interpret and communicate the results of your analyses. The unit covers a range of topics including; descriptive statistics applied to both categorical … For more content click the Read More button below.

Offerings

OCT12-CAULFIELD-ON-CAMPUS

Contacts

Chief Examiner(s)

Ms Charanjit Kaur

Learning outcomes

On successful completion of this unit, you should be able to:
1.

apply the main ideas of probability theory to business decision-making

2.

interpret business data using tables, charts and descriptive statistical techniques, applying standardisation where appropriate

3.

describe the concept of a sampling distribution, understand sample estimators and their properties

4.

interpret and evaluate relationships between variables for business decision-making using simple and multiple linear regression

5.

undertake inference on single and multiple populations examining differences between means, proportions and regression coefficients for business decision-making.

Assessment

1 - Within semester assessment
2 - Examination

Scheduled and non-scheduled teaching activities

Lectures
Tutorials

Workload requirements

Workload

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $40